Restaking Mania: Liquid Restaking Tokens (LRTs) | Quick Hit

Mike Silagadze is the Founder and CEO at ether.fi. In this Quick Hit, we discuss the recent restaking mania on EigenLayer including how many of us are playing for the EigenLayer airdrop. Mike explains what is liquid restaking and the benefits of their new LRT (liquid restaking token) eETH which grew to over $100M in deposited ETH in less than 1 month since launching. ------ 🔗 Essential Show Links 🔗 ► Subscribe on Youtube: https://youtube.com/@defidad ► Subscribe on Apple: https://tinyurl.com/edgepod ► Subscribe on Spotify: https://tinyurl.com/edgepodspotify ► Subscribe on Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🥑 INSTADAPP | THE NEW AVOCADO WALLET AND MULTISIG 🦊 METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING 🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Timestamps 0:00 - Intro 3:31 - ether.fi and liquid restaking tokens (LRTs) explained 8:05 - Irony of locking up LSTs in EigenLayer 13:11 - How EigenLayer will work once live 16:01 - Why eETH is now the only way to deposit into EigenLayer 21:47 - What's next with EigenLayer 25:55 - Minting eETH and DeFi with eETH 28:24 - Closing ------ 🔗 Guest Links 🔗 ► ether.fi Website: https://ether.fi ► ether.fi app with referral bonus of 100 ether.fi loyalty points per 0.1 ETH staked: https://app.ether.fi/eeth?address=0x2f71129b240080C638ac8d993BFF52169E3551c3 ► ether.fi on Twitter: https://twitter.com/ether_fi ► Mike on Twitter: https://twitter.com/MikeSilagadze ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.